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UK INDIVIDUAL TAX
Taxation of Rental Income in the UK

Typical allowable expenses:
Accountancy Fees
Advertising
Agent's Commission
Building and Contents Insurance
Cleaning
Council Tax
Electricity
Gardening Expenses
Gas
Legal Fees/Inventory Costs
Repairs/Maintenance
Maintenance fees
Mortgage interest
Renewals of furnishings or Wear &Tear Allowance
Stationery/Postage
Supplies
Telephone
Travel Costs
TV Rental/Licence
Water Rates

Losses on rental income are generally pooled and carried forward, to be set against future profits.